Clearway Energy Inc Class C (CWEN)

Official site

UTILITIES • UTILITIES - RENEWABLE • NYSE

$29.96

+0.35 (+1.18%)

Market Cap: $7.38B

Last updated: Oct 16, 2026 at 5:00 PM ET

Earnings

Performance (10Y)

Beat Rate

49%(19/39)

Avg Surprise

+89.21%

Streak

1 Q

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$2.13

Range$2.13 - $2.13

1 analysts

EPS RevisionsNo revisions (7d)No revisions (30d)

EPS Estimate DriftChange to current

90d ago$0.63+239.4%

60d ago$0.58+268.9%

30d ago$0.58+268.9%

7d ago$0.00n/a

Current$2.13

Revenue Consensus

$510M

Range$484M - $530M

6 analysts

Period ending Dec 31, 2026

EPS Consensus$-1.21

Range$-1.64 - $-0.78

2 analysts

Revenue Consensus

$372M

Range$286M - $431M

8 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$-1.21	$-1.64 - $-0.78	-	-	2	-	-
Sep 30, 2026Sep 26EST	-	$2.13	$2.13 - $2.13	-	-	1	No revisions (30d)	-
Jun 30, 2026Jun 26 Reported Aug 5, 2026Reported Aug 5	$1.00	$0.24	$0.24 - $0.24	+316.67%	Beat	1	1 0 30d	+257.1%
Mar 31, 2026Mar 26 Reported May 7, 2026Reported May 7	$-1.43	$-0.39	$-0.93 - $0.24	-270.08%	Miss	4	No revisions (30d)	-4858.0%
Dec 31, 2025Dec 25 Reported Feb 23, 2026Reported Feb 23	$-0.65	$0.44	$0.17 - $0.68	-247.73%	Miss	4	1 1 30d	-2266.7%
Sep 30, 2025Sep 25 Reported Nov 4, 2025Reported Nov 4	$2.00	$0.36	$0.03 - $0.69	+455.56%	Beat	3	1 0 30d	+545.2%
Jun 30, 2025Jun 25 Reported Aug 5, 2025Reported Aug 5	$0.28	N/A	-	-65.85%	Miss	0	No revisions (30d)	-34.9%
Mar 31, 2025Mar 25 Reported Apr 30, 2025Reported Apr 30	$0.03	N/A	-	+107.89%	Beat	0	No revisions (30d)	+250.0%
Dec 31, 2024Dec 24 Reported Feb 24, 2025Reported Feb 24	$0.03	N/A	-	-90.91%	Miss	0	No revisions (30d)	-90.3%
Sep 30, 2024Sep 24 Reported Oct 30, 2024Reported Oct 30	$0.31	$0.50	-	-38.00%	Miss	-	-	+933.3%
Jun 30, 2024Jun 24 Reported Aug 1, 2024Reported Aug 1	$0.43	$0.66	-	-34.85%	Miss	-	-	+30.3%
Mar 31, 2024Mar 24 Reported May 9, 2024Reported May 9	$-0.02	N/A	-	+93.10%	Beat	-	-	-103.5%
Dec 31, 2023Dec 23 Reported Feb 22, 2024Reported Feb 22	$0.31	$0.25	-	+24.00%	Beat	-	-	+210.0%
Sep 30, 2023Sep 23 Reported Nov 2, 2023Reported Nov 2	$0.03	N/A	-	-94.83%	Miss	-	-	-89.3%
Jun 30, 2023Jun 23 Reported Aug 8, 2023Reported Aug 8	$0.33	$0.64	-	-48.44%	Miss	-	-	-93.3%
Mar 31, 2023Mar 23 Reported May 4, 2023Reported May 4	$0.57	$-0.04	-	+1533.00%	Beat	-	-	+304.7%
Dec 31, 2022Dec 22 Reported Feb 23, 2023Reported Feb 23	$0.10	$0.10	-	+0.00%	Beat	-	-	+242.9%
Sep 30, 2022Sep 22 Reported Nov 2, 2022Reported Nov 2	$0.28	$0.13	-	+115.38%	Beat	-	-	+55.6%
Jun 30, 2022Jun 22 Reported Aug 2, 2022Reported Aug 2	$4.89	$3.18	-	+53.77%	Beat	-	-	+1530.0%
Mar 31, 2022Mar 22 Reported May 5, 2022Reported May 5	$-0.28	$-0.12	-	-133.33%	Miss	-	-	-1033.3%
Dec 31, 2021Dec 21 Reported Feb 28, 2022Reported Feb 28	$-0.07	$-0.07	-	+0.00%	Beat	-	-	+65.0%
Sep 30, 2021Sep 21 Reported Nov 4, 2021Reported Nov 4	$0.18	N/A	-	-81.63%	Miss	-	-	-33.3%
Jun 30, 2021Jun 21 Reported Aug 3, 2021Reported Aug 3	$0.30	$0.42	-	-28.57%	Miss	-	-	-26.8%
Mar 31, 2021Mar 21 Reported May 6, 2021Reported May 6	$0.03	N/A	-	+114.29%	Beat	-	-	+111.5%
Dec 31, 2020Dec 20 Reported Mar 1, 2021Reported Mar 1	$-0.20	$-0.20	-	+0.00%	Beat	-	-	-233.3%
Sep 30, 2020Sep 20 Reported Nov 5, 2020Reported Nov 5	$0.27	N/A	-	-63.01%	Miss	-	-	-25.0%
Jun 30, 2020Jun 20 Reported Aug 6, 2020Reported Aug 6	$0.41	$0.71	-	-42.25%	Miss	-	-	+286.4%
Mar 31, 2020Mar 20 Reported May 7, 2020Reported May 7	$-0.26	$-0.26	-	+0.00%	Beat	-	-	-136.4%
Dec 31, 2019Dec 19 Reported Feb 27, 2020Reported Feb 27	$-0.06	N/A	-	-110.71%	Miss	-	-	+87.2%
Sep 30, 2019Sep 19 Reported Nov 6, 2019Reported Nov 6	$0.36	$0.71	-	-49.30%	Miss	-	-	+2.9%
Jun 30, 2019Jun 19 Reported Aug 6, 2019Reported Aug 6	$-0.22	N/A	-	-145.83%	Miss	-	-	-133.8%
Mar 31, 2019Mar 19 Reported May 7, 2019Reported May 7	$-0.11	$-0.04	-	-175.00%	Miss	-	-	-168.8%
Dec 31, 2018Dec 18 Reported Feb 28, 2019Reported Feb 28	$-0.47	$-0.48	-	+2.31%	Beat	-	-	-176.9%
Sep 30, 2018Sep 18 Reported Nov 6, 2018Reported Nov 6	$0.35	$0.29	-	+20.69%	Beat	-	-	+12.9%
Jun 30, 2018Jun 18 Reported Aug 2, 2018Reported Aug 2	$0.65	$0.26	-	+150.00%	Beat	-	-	+160.0%
Mar 31, 2018Mar 18 Reported May 3, 2018Reported May 3	$0.16	$0.01	-	+1500.00%	Beat	-	-	+633.3%
Dec 31, 2017Dec 17 Reported Mar 1, 2018Reported Mar 1	$0.61	$0.26	-	+134.62%	Beat	-	-	-63.7%
Sep 30, 2017Sep 17 Reported Nov 2, 2017Reported Nov 2	$0.31	$0.38	-	-18.42%	Miss	-	-	-
Jun 30, 2017Jun 17 Reported Aug 3, 2017Reported Aug 3	$0.25	$0.37	-	-32.43%	Miss	-	-	-
Mar 31, 2017Mar 17 Reported May 2, 2017Reported May 2	$-0.03	N/A	-	-110.71%	Miss	-	-	-
Dec 31, 2016Dec 16 Reported Feb 28, 2017Reported Feb 28	$1.68	$0.20	-	+740.00%	Beat	-	-	-

Dividends

Dividend Metrics

Forward Yield6.34%

Forward Annual Dividend$1.90

Payout Ratio22.08%

FrequencyQuarterly

Pay MonthsMar, Jun, Sep, Dec

Growth

3Y CAGR+7.38%

5Y CAGR+10.97%

CWEN dividend history and ex-dividend dates Run CWEN in the free DRIP calculator

Key Metrics

Valuation
P/E Ratio	32.47	EV/EBITDA	11.87x
Price/FCF	5.40x	FCF Yield	18.51%
Profitability
Profit Margin	6.42%	Operating Margin	25.20%
ROE	-3.17%	ROIC	2.05%
Financial Health
Debt/Equity	5.34x	Interest Coverage	0.59x
Current Ratio	1.21x	Quick Ratio	1.11x
Trading Statistics
Beta	0.89	Avg Volume	1.23M
52-Week High	$41.12	52-Week Low	$28.57

Technical Indicators Dashboard

Moving Averages

SMA 10$30.05

SMA 20$29.94

SMA 50$31.21

SMA 200$35.11

EMA 10$30.02

EMA 20$30.16

EMA 50$31.07

EMA 200$33.25

MACD

Line: -0.29Signal: -0.40Hist: 0.11

ADX

ADX: 18.1+DI: 15.9-DI: 24.1

Aroon & PSAR

Aroon UpN/A

Aroon Down60.0

PSAR$28.85

Bollinger Bands

Upper Band$31.14

Lower Band$28.74

%B Position799%(Upper)

Band Width0.51

RSI (14-Day)

Neutral

46.3

Momentum Oscillators

Stoch %K66.2

Stoch %D72.6

Williams %R-35.6

ROC (10d)2.8%

Momentum0.82

CCI (20d)-22.8

MFI (14d)57.7

Volatility Measures

ATR (14d)$0.79(2.6%)

StdDev (20d)0.60

Hist Vol26.2%(Moderate)

Volume Flow

VWAP$29.77

OBV11.1M

AD Line-1.0B

CMF (20d)0.061

Volume Metrics

Avg Vol (20d)1.2M

Vol Ratio0.8x

VWMA (20d)$30.04

Pivot Points

R3$30.76

R2$30.43

R1$30.02

Pivot Point$29.70

S1$29.29

S2$28.96

S3$28.55

Advanced Oscillators

TSI-10.21

Ultimate Osc52.2

KST-42.93

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$481.00M	$354.00M	$310.00M	$429.00M	$392.00M	$298.00M	$256.00M	$486.00M	$366.00M	$263.00M	$249.00M	$371.00M
Cost of Revenue	$0	$0	$329.00M	$0	$0	$0	$123.00M	$0	$0	$0	$113.00M	$0
Gross Profit	$481.00M	$354.00M	$310.00M	$429.00M	$392.00M	$298.00M	$256.00M	$486.00M	$366.00M	$263.00M	$249.00M	$371.00M

Operating Expenses	$365.00M	$334.00M	$347.00M	$317.00M	$307.00M	$298.00M	$293.00M	$308.00M	$282.00M	$292.00M	$271.00M	$277.00M
R&D	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
SG&A	$164.00M	$145.00M	$159.00M	$138.00M	$142.00M	$132.00M	$133.00M	$144.00M	$126.00M	$137.00M	$121.00M	$143.00M
Operating Income	$116.00M	$20.00M	$-37,000,000	$112.00M	$85.00M	$0	$-37,000,000	$178.00M	$84.00M	$-29,000,000	$-22,000,000	$94.00M

Interest Income	$11.00M	$5.00M	$4.00M	$15.00M	$7.00M	$5.00M	$2.00M	$13.00M	$8.00M	$12.00M	$1.00M	$11.00M
Interest Expense	$108.00M	$103.00M	$91.00M	$105.00M	$83.00M	$116.00M	$25.00M	$139.00M	$90.00M	$58.00M	$141.00M	$48.00M
Income Before Tax	$27.00M	$-70,000,000	$-117,000,000	$29.00M	$17.00M	$-104,000,000	$-48,000,000	$60.00M	$14.00M	$-59,000,000	$-142,000,000	$72.00M
Income Tax Expense	$-3,000,000	$-2,000,000	$82.00M	$-31,000,000	$5.00M	$0	$0	$33.00M	$10.00M	$-13,000,000	$-69,000,000	$57.00M

Net Income	$30.00M	$-68,000,000	$-199,000,000	$60.00M	$12.00M	$-104,000,000	$-48,000,000	$27.00M	$4.00M	$-46,000,000	$-73,000,000	$15.00M

EBITDA	$354.00M	$233.00M	$204.00M	$326.00M	$282.00M	$261.00M	$180.00M	$399.00M	$297.00M	$191.00M	$247.00M	$277.00M
EBIT	$124.00M	$28.00M	$-30,000,000	$119.00M	$93.00M	$7.00M	$-25,000,000	$186.00M	$96.00M	$-13,000,000	$-2,000,000	$109.00M

* Some calculated fields are derived from available data when not provided by source

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News

BlackRock Portfolio Management's Indirect Holdings in Clearway Energy Class C Shares

BlackRock Portfolio Management LLC reported the acquisition of 3,861 Class C Common Stock shares in Clearway Energy, Inc. (NASDAQ:CWEN) on October 8...

Kalkine Media•Oct 13, 2026 11:41 PM ET10/13/26•Neutral

A shareholder acquires 3,861 forfeited Clearway Energy (CWEN) shares, bringing its holding to 156,311.

Clearway Energy Group LLC acquired 3,861 shares of Clearway Energy, Inc. Class C common stock on October 8, 2026...

Stock Titan•Oct 13, 2026 4:41 PM ET10/13/26•Neutral

Clearway Energy Expands Battery Storage Portfolio Via Agreement

Clearway Energy has announced that a subsidiary will acquire membership interests in Honeycomb 2 TargetCo LLC for approximately $119 million...

The Globe and Mail•Oct 9, 2026 3:10 AM ET10/9/26•Neutral

CFO Steven David Ryder reports 91,841 Class C shares held directly in Clearway Energy (CWEN).

Clearway Energy's EVP and CFO, Steven David Ryder, has reported a direct holding of 91,841 shares of Class C Common Stock. This information was disclosed in a Form 3 filing dated October 1...

Stock Titan•Oct 8, 2026 4:42 PM ET10/8/26•Neutral

Clearway Energy to Acquire Utah Battery Storage Interests for ~$119 Million, Adding 210 MW Capacity

Clearway Energy will acquire interests in a target company that will indirectly own three Utah battery energy storage projects with a total capacity of approximately 210 MW. The acquisition involves a base purchase price...

TradingView•Oct 7, 2026 5:04 PM ET10/7/26•Bullish

CWEN Valuation and Fair Value

P/E: 32.5x
Forward P/E: 39.4x
EV/EBITDA: 11.9x
P/FCF: 5.4x
PEG: 3.4x
P/B: 2.0x

See GNG's fair value

CWEN Profitability: Margins, ROIC and FCF

Gross margin: 100.0%
Operating margin: 25.2%
Net margin: 6.4%
ROIC: 2.1%
ROE: -3.2%
FCF margin: 42.6%
FCF yield: 18.5%

CWEN Competitors

Company	Ticker
IDACORP Inc	IDA
TXNM Energy, Inc.	TXNM
UGI Corporation	UGI
Southwest Gas Holdings Inc	SWX
Entergy Louisiana LLC Pref	ELC
Enel Chile SA ADR	ENIC
Enlight Renewable Energy Ltd. Ordinary Shares	ENLT
Black Hills Corporation	BKH

Sector: Utilities

CWEN Analyst Ratings

Consensus: Buy
Analysts: 13
Strong Buy: 3
Buy: 9
Hold: 1
Sell: 0
Strong Sell: 0

CWEN Bull Case vs Bear Case

Bull case

CWEN converts 42.6% of revenue into free cash flow.
CWEN grew quarterly revenue 22.7% year over year.
92.3% of CWEN's analyst ratings are Buy or Strong Buy.

Bear case

CWEN beat EPS estimates in 37.5% of its last 8 reported quarters.
CWEN has a debt-to-equity ratio of 5.3x.

CWEN Earnings: Beat Rate and Next Report

Beat rate: 3 of 8 quarters (37.5%)
Average surprise: 20.9%
EPS estimate (fiscal period ending Sep 30, 2026): $2.13
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 0 up, 0 down

CWEN Dividend

Forward yield: 6.3%
Payout ratio: 22.1%
3Y DPS growth: 7.4%
5Y DPS growth: 11.0%
Pay months: Mar, Jun, Sep, Dec

CWEN dividend history

Frequently Asked Questions About CWEN

What is CWEN's current dividend yield?

Clearway Energy Inc Class C (CWEN) has a forward dividend yield of 6.34%.

Does CWEN pay dividends?

Yes, Clearway Energy Inc Class C pays dividends with a forward dividend yield of 6.34%.

What is CWEN's P/E ratio?

Clearway Energy Inc Class C has a price-to-earnings (P/E) ratio of 32.47.

What is CWEN's market cap?

Clearway Energy Inc Class C (CWEN) has a market capitalization of $7.38B with a current stock price of $29.96.

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